News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

Bank of England in no rush to hike interest rates

BoE policymakers voted unanimously to maintain rates at record low

James Moore: What goes up must come down on the US markets

Outlook Another record for the Dow, which broke the 16,000 barrier as the more broadly based S&P 500 index broke the 1,800 barrier – both for the first time. Happy days are here again, right? At least for those who play the market.

The Bank of England could raise rates in the middle of next year

Interest rates rules have been turned upside

A rise is expected next year, making savers happy and plunging the heavily mortgaged into despair. But it also means a return to growth … in theory

Fed chief dismisses suggestions that policies created 'bubble conditions'

The Federal Reserve chairman-designate Janet Yellen vigorously defended the central bank's stimulus policies today, dismissing suggestions it had created "bubble conditions" in financial markets. She left scant doubt the Fed under her leadership would continue this strategy until the economy had returned to normal.

Mortgage arrears and home repossession figures falling

But there are still fears about the potential impact of higher interest rates and higher mortgage payments

Bank of England Governor Mark Carney assured that interest rates will not be raised immediately

Governor Mark Carney declares recovery is here, but will interest rates rise?

The latest economic forecasts looked, on the surface, like good news

Surprise dip in inflation dampens calls for BoE to put interest rates up

The prospect of an early hike in interest rates by the Bank of England receded yesterday as prices rose by considerably less than expected last month.

IMF gives backing to Bank of England Governor Mark Carney over forward guidance

Mark Carney's flagship forward guidance policy was backed by the International Monetary Fund today as the Bank of England Governor marked 100 days at the helm in Threadneedle Street.

Carney boosts pound by saying no to more QE

Bank of England Governor Mark Carney lifted the pound yesterday with his most explicit rejection yet of more money-printing to aid the recovery.

New manufacturing figures will ease pressure on Mark Carney to pump more stimulus into the economy

Bank of England: Mark Carney boosts value of pound by saying no to more quantitative easing

Governor says the strength and breadth of the economic recovery means no more cash injections are needed - for now

Icap Boss Michael Spencer under fire after £55m Libor scandal fine

Icap boss Michael Spencer was today told to “raise his game” after the firm was hit by an embarrassing £55 million fine for its role in the Libor scandal.

Jim Armitage: Bank is right to seek a clearer picture of risk

Outlook The Old Lady of Threadneedle Street likes drama to be reserved firmly for the stage. So yesterday's announcement from her Financial Policy Committee on "potential amplification channels" of financial risks was characteristically short on hyperbole.

‘No promises’ on interest rates in Bank’s policy

A member of the Bank of England’s Monetary Policy Committee last night delivered a staunch defence of the Bank’s new forward guidance policy.

Money Insider: Steer clear of big banks' high rates on small loans

Interest rates are at rock bottom if you're in the market for a five-figure personal loan from your bank. But if you apply to borrow a smaller sum you'll be in for a nasty surprise.

Hamish McRae: When the money taps are turned off, the scramble to recovery will begin

Economic View: The world ought to have several years of decent cyclical growth until the next recession

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